MercoPress. South Atlantic News Agency
Stories for December 7th 2024
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Saturday, December 7th 2024 - 10:59 UTC
FTA to represent 5.1% increase in Brazil's commerce with EU
A Brazilian expert foresees that the Free Trade Agreement (FTA) between the Southern Common Market (Mercosur) and the European Union (EU) will represent a 5.1% increase in commerce with the bloc that is already South America's largest country's second-largest partner, behind China, Agencia Brasil reported. These projections would mean a 0.34% rise in the Gross Domestic Product (GDP), the sum of goods and services produced in the country.
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Saturday, December 7th 2024 - 10:56 UTC
Chinese diplomat faces imminent expulsion from Paraguay
The Government of Paraguay insisted Friday that it would proceed to the expulsion of Chinese diplomat Xu Wei from the country should he fail to leave by Saturday after his visa was revoked. Migrations Director Jorge Kronawetter explained that after the measure Xu lost his right to enter or stay in the country and has 24 hours to leave.
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Saturday, December 7th 2024 - 10:50 UTC
Aerolíneas Argentinas and LATAM sign game-changing agreement
Aerolíneas Argentinas and LATAM Airlines signed a key agreement for codeshare flights and reciprocity within their fidelity programs, thus resulting in arguably the largest alliance in South America. The understanding allows the sale of tickets on domestic and regional routes between both companies in addition to the accrual and redemption of miles, thus benefiting 48 million LATAM Pass members and more than 4 million Aerolíneas Plus members.
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Saturday, December 7th 2024 - 10:48 UTC
Panama becomes Mercosur associate State
Panamian President José Raúl Mulino Friday signed his country's accession to the Southern Common Market as an associate State during the bloc's 65th Leaders Summit in Montevideo, on the sidelines of which the finalization of the Free Trade Agreement (FTA) with the European Union (EU) was also announced.
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Saturday, December 7th 2024 - 10:46 UTC
Argentine wheat exports reached 7.65 million tons and hopefully 12.5 million tons for 24/25 season
Despite the drop in international prices for wheat, Argentina ended the sale of the 2023/24 season with some 7,65 million tons exported, as reported by the Rosario Board of Trade (BCR). In November alone, 540,000 tons were shipped overseas, nearly quadrupling the volume recorded during the same month a year prior.
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Saturday, December 7th 2024 - 10:44 UTC
Fifth global conference fails to reach deal on curbing plastic pollution
The fifth and intended final meeting of the Intergovernmental Negotiating Committee (INC) on plastic pollution in Busan, South Korea, concluded with negotiators unable to reach a deal on a new global treaty to curb plastic pollution. The failure of this fifth session of the INC, or INC-5, to deliver on its mandate highlights the persistent challenges of reaching a consensus to solve the growing issue of global plastics pollution.
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